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Black-owned company wants to reopen Gresham Save A Lot
Yellow Banana operates six Chicago-area Save A Lot stores, and wants to renovate and reopen the shuttered Gresham store. It would retain the Save A Lot name through the same licensing agreement as Yellow Banana’s other stores.
Two years after a Save A Lot closed in Gresham, plans are in the works to reopen the grocery store under new ownership.
Ohio-based Yellow Banana wants to run the replacement store under the Save A Lot name through a licensing agreement — something it already is doing at six other former Save A Lot locations in the Chicago area.
Ald. David Moore (17th) updated residents on plans for the empty building at 7908 S. Halsted St. during a July 7 Auburn Gresham community roundtable.
The Black-owned company hasn’t made an offer yet, but its plans have Moore’s backing. The company hopes to move in by year’s end.
Yellow Banana now has 38 grocery stores it operates as locally owned Save A Lot locations, including those Chicago-area stores.
Gresham also lost another grocery when the Aldi location at 7627 S. Ashland Ave. closed in June, leaving a food gap for residents. At that time, Moore lambasted corporations, including both Aldi and Save A Lot, for leaving the South Side community. The former Save A Lot Gresham location also sits across from a vacant CVS drugstore that closed in 2020.
The Chicago locations are in West Garfield Park, West Lawn, Woodlawn, South Chicago, Calumet Heights and Washington Heights.
Most locations of the Yellow Banana stores are in economically disadvantaged areas, Michael Nance, one of Yellow Banana’s owners, said during the community meeting.
“I know in Chicago, the Save A Lot banner has really overstayed its welcome in many respects,” Nance said. “I know … they left with virtually no heads-up to the community. But me and my business partners, we looked at this as an opportunity.”
Nance, who grew up in a food desert in Cleveland, said since Save A Lot had gone through “a bit of a spiral” in recent years, Nance and his company stepped in and bought stores to provide communities with quality, affordable food in stores that were clean and aesthetically pleasing.
“We’re investing in these communities,” he said. “We’re very proud to say that we understand what we inherited. We understand the way that Save A Lot has tarnished its name in the city of Chicago.”
With the help of local grant funding and private investors, Yellow Banana hopes to renovate the shuttered Save A Lot store in Gresham. They have an “ambitious” timeline of opening before the end of the year — if they get the building, that is.
“We’re committed to delivering a very different product at this location at 79th and Halsted,” Nance said.
According to Nance, about 60% of the products and goods come from Save A Lot. Previously, the company noticed some produce from Save A Lot wasn’t up to their standards, so they found other suppliers for those items, Nance said.
Longtime area resident Timothy Thomas said he and his fellow neighbors are skeptical of a proposal he deemed “very preliminary” — and hesitant to support a new store under the same name.
“The worst could be that it doesn’t come to pass,” Thomas said. “But also, if it takes on that same Save A Lot model, it is feeding off the predecessor, which is not at the same level as a Jewel, or Mariano’s, or Whole Foods. It is a discount-type shopping place — which is better than none — but some of my neighbors, we never shopped at Save A Lot.”
Yellow Banana values community input, Nance said during the meeting. If the store reopens, it would provide about 25 jobs, with benefits, paying above minimum wage.
After pushback from community members who questioned the idea of keeping the Save A Lot name, Nance said the store would be fully owned and operated by Yellow Banana with an emphasis on quality and affordable items. They also hope to add in local produce and goods to the store, along with organic options.
“I would say our plan right now is to brand this as a Save A Lot store,” Nance said. “We do believe in the overarching mission of the brand, even if we think they’ve dropped the ball tremendously.”
Thomas said he had not shopped at the Save A Lot due to the quality issues Nance mentioned — and he doubts Nance will meet the higher standards he discussed.
“They’re promising that they will make Save A Lot step up their game, so to speak. But the proof will be in the pudding as far as that’s concerned,” Thomas said.
Neither the building’s owner nor a real estate firm listing the property for rent responded to a request for comment for this story.
Moore is optimistic about getting a Yellow Banana-run store at that location.
“We’re working with the mayor to hopefully close the deal and find some money to assist Yellow Banana,” Moore said. “I think we’re gonna get there.”
Mariah Rush is a staff reporter at the Chicago Sun-Times via Report for America, a not-for-profit journalism program that aims to bolster the paper’s coverage of communities on the South and West sides.


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Six aspiring young chefs will embark on the inaugural Archerfield Young Chefs Certificate of Excellence Award – a two-year apprenticeship scheme leading to a position at one of parent company Caledonian Heritable’s venues.
Scottish hospitality student Tara Humphrey has scooped the top prize at the prestigious Toque d’Or competition.
Licensees have until 25th May to register a team for this year’s BT Sport Pub Cup.
Seafood Scotland, the trade body for the Scottish seafood industry, has teamed with VisitScotland to launch a mentoring programme that will help seafood businesses branch into tourism.
The Glenmorangie Company is sowing the seeds of the whisky industry’s future with the appointment of seven new production associates.
The organisers of Edinburgh Cocktail Week have said that this year’s festival will be the biggest yet, with 120 bars confirmed to take part.
Pubs in the Borders and East Lothian have cause to celebrate after picking up awards from the Campaign for Real Ale (CAMRA).
Elixir Distillers says Portintruan expected to start distilling early 2024
Gleneagles has announced that its Edinburgh Townhouse hotel will open its doors on Monday 6th June.
The Golf View Hotel in Nairn is in good health after a six-figure upgrade of its spa facilities.

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Cereals and their costs have been much talked in recent months, and they were the protagonists in the last International Fair of Animal Production, Figan 2011. Traders – stockists, multinational and feed manufacturers – showed their disagreement with the European Union as they do not intervene in prices and demanded the implementation of the Late Payment Legislation.
«A free market is a market without law,» criticized Francisco Alvarez, president of the Association of Cereal and Oil Marketers of Spain (ACCO), which comprises 80% of wholesalers in Spain and manages over 70% of cereal moves in the country. «We want to return again to intervention prices, with a reasonable price for the farmer but not as high as now because it makes livestock suffer so much,» he said. In his view, the rise of grain prices this year is «largely», promoted by «commodity funds that immobilize most of the cereals in the world, retain, create news, even untrue, saying there is scarcity and when the market goes up what they want, release the lot, sell and keep the money. » Regarding the farmer, «he takes advantage depending on when he sells, but those who make the profit are those who control the process, not the cereal,» he added.
They also ask for the fulfillment of the Late Payment Legislation as they do not want to extend payments beyond 30 days – the current maximum credit period for non-perishable products such as cereal is 85 days -.»We are traders, not financiers, and many companies do not merit the risk that we are endorsing,» he said.
In this sense, some cereal cooperative societies confirm that recently feedstuff manufacture has been reduced between 10% and 15% because livestock producers could not buy any more. The problem is that the increase in prices is not passed along to consumers because the supermarkets act almost as a monopoly. They have a bad year in general and they are taking high risks as they are traders, not financiers and many companies do not deserve the risk they are endorsing.
Source: El Periódico de Aragón. Economía.


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View From The Top: Steven G. Brown, Cinram International CEO
One year ago, former automotive executive Steve Brown was named CEO of the world’s largest optical media and entertainment supply chain services company, Toronto-based Cinram International. This year, he’s back at the industry’s leading event for entertainment operations executives with a new logo, a new message, record-breaking financials, and answers to several questions the industry has been asking of the company.
What are Cinram’s plans to recoup the lost Warner business? What is Cinram’s digital strategy? Brown isn’t avoiding the tough questions, though they’ve already been answered on analyst and investor calls. However, he’s an executive with a clear focus on how Cinram can weather this storm and maintain the course of operational excellence that he adopted when he took over the company’s reigns in June 2009.
How has your business strategy changed since the Warner announcement last January?
People need to understand the transition that we have had over the past year. By the time the Warner news hit we were already six months into a plan that has put Cinram in a much more stable position. Over the past year we have reduced our debt by over $300 million. At the same time our DVD units produced grew by 13 percent in Q1 year over year, and our gross margin was up over 24 percent in the same period. I don’t know of many companies that can tell that story. I’m not trying to underestimate the weight of the announcement but our strategy would have remained the same even if we had kept Warner as a customer.
You see, I came into this business with a different perspective. I had spent the last 20 years running automotive companies, in an industry where there is absolutely no ability not to be the best you can be. Cinram already had a fantastic foundation but it was clear by the time I came in that the business of optical media was peaking and that we had to accept this fact and position the company accordingly. Our belief was that if you focus on excellence you could weather any storm.
Can you go into more details about your plan?
We established a five-year strategic plan that is going to take us from a best-in-class media and distribution company to a world-class company in every discipline. We still believe the plan is correct, the focus is still correct and the team is still correct. Good management is good management whether you lose a $300 million customer or gain a $500 million customer. If you are leading your market, you are going to be much more attractive to your existing customers to stay and to new customers to join and even to former customers to decide to return. In today’s marketplace there is unprecedented pressure to drive more value and more excellence into your products and services.
This is being pushed down from the top by the consumer who is walking down the aisle at retail, to the retailers themselves, to our direct customers, which ultimately adds pressure throughout the entire supply chain. I have a saying that high pressure produces one of two things: dust or diamonds.
So how are you creating diamonds rather than dust from this high-pressure business environment?
By providing end-to-end services that drive costs out of the supply chain. We are talking to existing and potential customers and addressing their individual needs with new and innovative value propositions from the front end to the back end of their value chains.
One of our advantages is our global position. Both sides of the Atlantic offer individual advantages and disadvantages, from which we can learn and offer proven solutions to our customers. The complexity of the European market has helped us become a better company in ways that we can now bring over to our North American customers.
Meanwhile, North America is a more demanding retail environment, which allows us to offer new insights to our European customers. We do our benchmarking on a global basis as well as across the various media markets of home video, gaming and music, which puts us in a unique position to cross-pollinate ideas, test and prove new business practices that are not distinct to any media type or market.
What about a digital strategy from Cinram?
My view is that the consumer likes physical media. It’s collectible and giftable.
There are those who are impulse buyers and renters. The kiosk business is changing business models. New ideas will continue to keep home entertainment on optical media alive. Nonetheless, we announced earlier this spring that there will be digital announcements coming from Cinram within the next 90-100 days and that we will be moving into that market. We have set up digital groups, and our new logo, which is being introduced this week, has been stylized to illustrate that there’s a bridge between the old Cinram and the new Cinram, a bridge that will include our continued support of our core physical market as well as a bridge to the next digital media format. Regarding digital, we don’t intend to be pioneers. We intend to be in the business, but we will buy it, lease, create it, whatever it requires.
But there are other areas of digital to consider than just the Internet. That includes our work in telecommunications packaging out of our Dallas/Fort Worth plant where we work for Motorola. Entertainment media is making big inroads on that market as well and people will increasingly watch entertainment on their PDAs or smartphones, which provides us with a tremendous opportunity to link our two divisions. This will manifest itself in several ways and in various forms that will come to market later this year.
So you’re ready to deliver entertainment whatever form it takes?
Cinram has a history of reinvention. We started in vinyl, moved to cassette tape, then to optical media and will provide entertainment in any form our customers want and require. We are not delivering a format to the consumer. We’re delivering excitement.
One of the catch phrases in our new ad campaign is that “it takes cool heads to deliver hot stuff.” We have 13,000 employees worldwide and we deliver 300 pieces of excitement per minute, 24 hours a day, 365 days a year. Lets keep entertaining the world; that’s what it’s all about.


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In response to a nation increasingly sheltering in place and socially distant, Walgreens announced this week that it is expanding its delivery program with Postmates to 7,000 stores nationwide.
To access delivery from Walgreens, customers just need to download the Postmates app. From there, they can shop for health and wellness items, including over-the-counter medications, and have them delivered via no-contact to their homes.
Today’s news is the latest in a string of announcements illustrating how traditional food delivery companies are broadening their services to meet the demands of both businesses and consumers.
Yesterday, Uber Eats announced a number of delivery partnerships with convenience stores in France, Spain and Brazil. Also yesterday, DoorDash announced a new Convenience category to deliver food and more from conveniences stores like 7-Eleven, Wawa and Circle K.
These expansions should ideally be a win/win/win scenario. Third party delivery companies can expand their market share into new verticals, a necessity given how many restaurants, their primary business right now, are shutting down. Businesses can help make up lost revenue from depressed in-store traffic resulting from social distancing by offering delivery. And consumers that still need items can get them while remaining socially distant.
The Walgreens expansion also reinforces how important delivery people are in this time of outbreak. They are risking their own health to bring us food and other essentials. Postmates currently classifies its workers as contractors, which makes them ineligible for things like health insurance and sick leave.
That may be changing though. Earlier this week, my colleague Jenn Marston reported that a New York federal judge ruled that “Postmates couriers are employees and therefore eligible for unemployment benefits during the COVID-19 pandemic.”
The one constant in this coronvirus world is change. We are watching in real-time as the food world is upended. Now we just have to see how many of these changes, like nationwide delivery from drug stores, will last once the pandemic subsides.


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Amazon Prime will broadcast a completely new auto show from 2016, which will be starring Jeremy Clarkson, James May and Richard Hammond, the triad who made history in Top Gear.
As soon as they left Top Gear, Jeremy Clarkson, Richard Hammond and James May were courted by several televisions to return in an auto show. More British channel but had to watch from the sidelines, because the BBC has activated a confidentiality clause.
It exempt but online television, for which negotiations continued. It appears that Hammond, May and Clarkson have already reached an agreement with Amazon Prime, an online television service, which unfortunately is not available in our country.
Three stars Top Gear have announced the signing of a contract on their Twitter accounts, but did not specify the name of the show It would be chosen in the near future.
What will fans enjoy more than the old Top Gear and Andy Wilman is that the former producer of the show, resigned from the BBC, will work on broadcasts of Amazon Prime. This means that the format will be at least as exciting and fun as the previous one.
Jenson Button could present Top Gear alongside Chris Evans.
Filming will begin this fall, and the first episode will be broadcast in the spring of 2016, about the same time as the new season of Top Gear. The famous British will show up when a new team of presenters, Jenson Button is the most circulated alongside the host name Chris Evans, already confirmed.
“Our customers have really wanted to see the team back on screens and we have communicated this. And we are thrilled to have them fulfill their wish,” said Jay Marine, Vice Amazon Prime.


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Hedge fund managers are considered to be the smartest guys in the market, but they charge high fees to manage their customers’ money and are very quiet about the moves they make. However, every three months these hedge funds disclose their equity holdings with the Securities and Exchange Commission in a document known as the 13F statement. Reviewing which retail stocks were added or subtracted by the top hedge fund managers can be revealing.
In the latest release of 13F statements, several hedge funds dropped Alibaba from their stock portfolios. The Chinese Internet giant has seen its stock price drop more than 25 percent year-to-date. But while Alibaba was getting cast off, Amazon was either getting added or existing positions were increased.
Soros Fund Management, which averages a 20 percent rate of return every year, added Amazon, as did Duquesne Family Office and Lone Pine Capital. The funds that boosted their stakes in Amazon included Landsdowne Partners, Tiger Global and Viking Global.
Greenlight Capital Inc. added to its positions in Michael Kors and Dillard’s, but is no longer showing a position in Macy’s. In a letter to investors, Greenlight’s David Einhorn said this about Kors, “The investment community harshly reacted to a shutdown at a distribution center, which led to a temporary halt in e-commerce sales and ongoing concerns that the company is a ‘fad.'” Einhorn believes both of those issues are now resolved. Greenlight Capital lost 14.3 percent during the third quarter and its year-to-date net return is a negative 17.1 percent.
Ebay also saw a lot of activity on both sides of the trade. Corvex Management reported a new stake in eBay, while Third Point and Soros Fund Management both boosted their holdings. Others cut eBay loose, including Coatue Management and Icahn Associates, which both no longer show a position in the online marketplace.
Tiger Global dropped several retail positions including JD.com, MasterCard and Kate Spade & Co. Viking Global also dropped its MasterCard position, perhaps taking a profit since MasterCard is up 13 percent year to date.
Bridgewater Associates also took an interest in retail stocks. This fund established new positions in Ralph Lauren and shipper Federal Express. Bridgewater also added to its position in Kohl’s.
Lansdowne Partners, in addition to the Amazon holding, boosted its L Brands, Nike and Visa positions. New retail stakes included Blue Harbor’s jump into Fossil and Duquesne’s addition of Under Armour.
Lululemon, once a darling of the investment community, only saw one new addition and that was with Point72 Asset Management. Point72 is led by Steve Cohen, who ran SAC Capital until it was shut down following a guilty plea to 2013 charges of insider trading. The Point72 firm only manages his own family’s money.


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Steam Deck, the new portable device of Valve specially designed to run video games from your PC digital store, it is totally compatible with the entire catalog current Steam. This has been assured Pierre-Loup Griffais, Valve developer, after doing thousands of tests over the last few years to verify compatibility between hardware and software.
Steam Deck runs all Steam games
Thus, and through a recent interview that collects the medium PC Gamer, Pierre-Loup Griffais, from Valve ensures that the Steam Deck is fully compatible with all current catalog Steam and that the litmus test was conducted with games released during the last year: “We have been testing several games from our catalog in recent years, although the acid test was with the games that came out last year,” says the developer.
Nonetheless, it wasn’t always like that: “In the first prototypes that we had and that we were testing, these games did not work very well, so this is when we discovered the level of performance that is required to run the next generation games without problems.” Thanks to these tests with the last batch of games released on Steam, Valve was able to make the necessary adjustments for the device to run even the newest titles smoothly.
“We want all the games in the Steam library to be playable and right now we have not found any games that the current version of Steam Deck cannot run, ”concludes Pierre-Loup Griffais. Still, let’s remember that Steam Deck is having trouble moving some online multiplayer games like Rainbow Six Siege, Apex Legends or Destiny 2; We’ll see if the final release of the Valve device can fix these compatibility issues.
Source | PC Gamer


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Microsoft said Friday that it has closed its US$8.5 billion acquisition of Skype, the Internet telephony provider in Luxembourg, and the company will function as a new business division within Microsoft.
A complaint by a small Italian firm to the European Commission could derail Microsoft's acquisition of Skype.
Skype has released version 2.5 of its application for Android, which allows Android-based tablets such as the Samsung Galaxy Tab 10.1 and Motorola Xoom to use its video calling feature, it said in <a href="http://blogs.skype.com/en/2011/09/skype_25_f...
Skype announced that it is acquiring GroupMe for an undisclosed sum. Acquiring the young mobile group messaging service expands Skype's arsenal of communication tools and gives Skype (and by extension Microsoft once the purchase of Skype is complete)...
Skype, which Microsoft bought in May, said Monday it will buy the group messaging service GroupMe. GroupMe, created last year at the Techcrunch Disrupt Hackathon, went for a rumored $85 million, according to AllthingsD. For now, GroupMe will remain a...
Internet calling company Skype said Sunday that it has entered into a definitive agreement to acquire GroupMe, a startup that offers a free group text messaging and conference call service on mobile phones.
India's communications ministry has been asked by the home ministry to monitor social networking websites such as Twitter and Facebook amid fears that the services are being used by terrorists to plan attacks.
What's new in the land of security fixes? Over the last couple weeks, Apple released a fix to iOS, Google updated Chrome, and Skype patched a nasty server-side bug. Read on to get caught up on the latest patches.
Skype has released version 2.1 of its application for Android, which allows more smartphones and tablets based on Google's operating system to use its video calling feature, it said in a blog post on Thursday.
Skype's Internet phone and video chat application for Apple's iPad was available late Monday, but was quickly pulled from Apple's online stores. Skype said in a Twitter message that it had gone live prematurely.
Microsoft's annual partner conference last week featured previews of the Windows 8 server and desktop operating systems, talk of integration between Skype and Lync, and a barrage of insults aimed at the company's competitors.
A security consultant has notified Skype of a cross-site scripting flaw that could be used to change the password on someone's account, according to details posted online.
The controversy over India's demand that it be allowed to monitor online and mobile communications resurfaced again on Wednesday, with an Indian minister telling reporters that the government had asked Skype, Google, and several other companies to gi...
While the Netherlands is primarily known for windmills, tulips and legalized marijuana, it could soon be known for its net neutrality regulations as well.
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- Wednesday 16 July 2014
Sunshine Coast Council in partnership with Friends of Maroochydore Library Inc. invites all readers to grab a bargain at the giant two day book sale at Maroochydore Library on Friday, July 25 and Saturday, July 26, 2014.
Community Programs Portfolio Councillor Jenny McKay said Sunshine Coast Libraries are constantly removing older stock to make way for new titles.
“We have hundreds of books up for grabs at very affordable prices at the quarterly Friends of Maroochydore Library book sale from 9am to 5pm on Friday and 9am to 3pm on Saturday,” Cr McKay said.
“Titles on sale include popular authors and bestsellers, classic books and a range of genres including mystery, romance, thrillers and more.
“There is a book to suit everyone’s interests including popular topics such as gardening, computers and cooking.
“Young book worms won’t miss out either as there will be a range of junior titles to choose from.
“This book sale provides a great opportunity to find some cheap reads, just perfect to curl up to escape the winter weather. So make sure you bring a bag and be early to grab a book bargain.”
Maroochydore Library is located at 44 Sixth Avenue, Cotton Tree. For more details visit Council’s library website or call 1300 LIBRARY (1300 542 727).


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RTTNews - Sale of new vehicles in Australia decreased 10.3% year-on-year in July, the Federal Chamber of Automotive Industries or FCAI said Wednesday. However, the report pointed out that business sales remained strong and there were improvements in the small car, sports cars and SUV segments.
Sales of small cars increased 2.7% year-on-year in July, while those of sports cars increased 10.3%. Sales in the SUV medium segment were up 2.4% and the SUV luxury segment increased 7.2%.
There is evidence that there has been some flow-on from the very strong June sales result, particularly from buyers accessing the business tax break on new investments, FCAI Chief Executive Andrew McKellar said.
This has been a very successful stimulus measure and small businesses remain eligible for a 50% tax break until the end of the year, McKellar added.
Year-to-date, 530,556 new vehicles were sold, which is 15.3% lower than in the same period last year.
For comments and feedback: contact email@example.com


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Reader’s Digest has attracted a large audience to one of its latest digital initiatives. New data from comScore Media Metrix about Allrecipes.ca and Allrecipes.qc.ca, the company's food and recipe social networking sites, shows they have averaged over 1.7 million unique visitors per month since October 2009.
“Food is one of the biggest affinities for Reader’s Digest as a company in Canada and in other markets,” says Reader’s Digest Canada’s vice president of digital media and strategic partnerships, Yann Paquet.
He says several of the company’s brands such as Reader’s Digest, Best Health and Sélection feature content about food and nutrition, so making a “social media site focusing on food and recipes and bringing the community aspect to it was just the natural next step for us.”
The website consists of user generated content. Once you join the community users can post, rate, comment on and chat about recipes. The online community can also be accessed through an iPhone application.
Paquet says the website’s audience is completely separate from the people who read the magazines. “It’s really a different brand, it’s a completely different community. Most of the traffic to the Allrecipes sites comes from people searching for information on recipes,” he says. “It’s a search traffic model.”
This project is about increasing company’s audience reach, Paquet says, “not taking the readers of the magazine to a different user experience online.” He says the company packages Allrecipes with their other titles to attract advertisers.


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Two days ago, we reported that Opera Mini would be showcased during the Mobile World Congress in Barcelona. Opera has kept true to their promise and has demonstrated the new browser for Windows Phone, which is also set to arrive on other platforms too.
So what’s new? How about a whole new user experience. Opera Mini for Windows Phone features a better way to see your recent tabs, a mode that helps you conserve data, and a new way to view history. The browser is completely revamped to make your browsing experience better than it was before.
Check out the hands-on video from Opera below. Currently, there is no word on when this new browser will hit the Windows Phone Store, or if there will be a preview released for eager testers. Are you a current Opera Mini user on Windows Phone? Are you looking forward to this update?


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General Mills has officially notified its consumers that it is expecting to raise the prices of some of the people’s favorite cereal and snack brands starting in mid-January of 2022.
According to CNN, the price change is expected to affect “hundreds of items across dozens of brands” including, “Annie’s, Progresso, Yoplait, Fruit Roll-Ups, Betty Crocker, Pillsbury, Cheerios, Cinnamon Toast Crunch, Lucky Charm’s, Wheaties, Reese’s Puffs, Trix and more.” One of the company’s decision-makers has told CNN that the rise in prices will affect grocery and convenience store customers. For some particular items, customers can expect the price to increase by approximately 20% starting the beginning of next year.
General Mills’ is only the latest company to announce their hike in prices, joining other consumer packaging goods companies like Kraft Heinz, Mondelez, Procter & Gamble and others. The pandemic is largely the reason for the increase in prices. Prices have increased 1% from September to October and have been 5.4% higher than the same time last year. Food inflation has also been a large part of why companies need to up their prices. Food manufacturers are also facing higher costs of labor for and transportation due to the pandemic, thus continuing to escalating costs.
In case you missed it, Jacquemus has teased CBD-infused sparkling water.


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After years of conentious bickering, the bitter marriage between
Toys 'R' Us
, which went quickly from wedding day to divorce court, is finally settled.
And Amazon is paying up.
The online retailer today announced that it has stuck a deal with Toys 'R' Us, to the tune of $51 million.
The deal sent shares of Amazon down 3% to $81.57 in morning trading, as the payment is expected to put a dent in second-quarter earnings.
The two companies teamed up in 2000, when Toys 'R' Us gave Amazon exclusive rights to offer some toy products on Amazon's site. At the time, Toys 'R' Us was having little success with its Web site Toysrus.com. The deal was supposed to last through 2010.
But the partnership soured after Toys 'R' Us accused Amazon of violating the agreement by allowing others to sell toys on Amazon.com. Amazon argued Toy "R" Us did not keep items in stock.
The two have been battling it out in court since 2004.
Two months ago, a New Jersey appeals court ruled against Amazon and was in the process of deciding damages. The $51 million settlement will, instead, take the place of a court award.
Amazon will make the unanticipated payment in the third quarter, starting July 1. But the company said it will be charged to operating expenses in the second quarter.
J.P. Morgan analyst Imran Khan said it will lower Amazon's profit by about 8 cents per share, and he cut his second-quarter earnings estimate to 20 cents per share from 28 cents.
Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.


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Board approves another downtown pot shop - which is closer to another one than called for by city ordinance
The Zoning Board of Appeal today approved a Dorchester duo's proposed marijuana market at 83-89 Devonshire Street at Water Street downtown - less than a quarter mile from an existing shop on Milk Street.
This is the latest cannabis concern the board has approved that is closer to an existing facility than the half mile set in an ordinance enacted in 2016.
Board member Mark Erlich cast one of the two no votes on the proposal, not, he said, because there's anything wrong with the proposal itself but because he's tired of being put in the position of having to grant an exemption to official city policy. Maybe, he suggested, it's time for the City Council to change the ordinance, since such applications keep coming before the board. Board member Kosta Ligris also voted against the proposal for that reason.
Kobie Evans, who with partner Kevin Hart operates the Pure Oasis dispensary in Grove Hall, said "the site chose us," because it turns out downtown Boston is actually pretty small and there are few locations suitable for a dispensary because of the presence of a "sober" high school on Temple Place. "The vast majority of downtown is out of play," he said.
But Evans and his attorney, Alexis Tkachuk, added that downtown is different from other neighborhoods because of how dense it is and how much foot traffic it gets, so what might be considered "clustering" of dispensaries elsewhere in Boston wouldn't really be downtown.
The new Pure Oasis - which still requires approval of the state Cannabis Control Commission - would have roughly 7,000 square feet of space over 2 1/2 floors. Tkakchuk said this means the store would have more than enough room on its ground level to have all customers waiting inside, rather than queuing on the sidewalk.
Board member Joe Ruggiero expressed concern about the large picture windows on the first floor of the space, which he said are an integral part of the building's pre-war charm, because of state cannabis regulations that require applicants to shield their retail space from outside views.
Evans said Pure Oasis is looking at how to continue to celebrate the architecture of the building while still adhering to the state regulations. He said one possibility is to add a polycarbonate layer that would let light in but not prying eyes.
Ruggiero moved to approve the project, but with "design review" by the BPDA to see how to not completely obliterate the look of the building with blacked-out windows.
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Not even a tenth of a mile
As the crow flies. Google Maps puts the distance as a bit over 400 feet.
I wonder who is politically connected to whom here.
It's a different non-anti-weed Mayor and a Zoning Board that is about to be removed of its responsibilities regarding marijuana. So at this point, applicants know they can just apply hope for an exemption before someone else does it. The buffer was not going to work. It is another intentional piece of bureaucratic red tape put in place purposefully to give a few individuals more power.
Let the Libertarianism flow through you.
Good! Especially since he is
Good! Especially since he is a POC and not a hedge fund manager:)
No reason why there shouldn't be as many cannabis shops as there are bars and packies.
Just get rid of the ordinance-
They're just gonna keep applying. Do the anti-weed people even have the energy to fight every one of them ad infinitum? The jig is up. It's Downtown Boston- not the American Legion Highway Shopping Plaza.
Also, Pure Oasis is also looking to Open a Shop in Brighton. That will max them out at the state cap of 3 retailers...Brighton, Downtown, and Roxbury.
The Defcon Six Freakout when people thought there was hole in the roof of State Street station here when it turned out that is was the basement of 85 Devonshire extending under the sidewalk.
By the way - It was the T who caused the whole by drilling into the sidewalk for a bus stop sign. I saw the manager of this building with steam coming out of his ears trying to get someone else's mistake fixed. The T then moved the sign a few feet north and onto "solid" ground.
how severe is Defcon Six?
artificial limits are stupid
Let the market decide how many cannabis dispensaries are downtown. Seems everyone with any power is terrified of letting any sort of natural price-seeking happen in this industry.
Some of Column A and some of column B
The "half-mile" rule is, was, and will always be dumb. The city isn't an urban sprawl like Houston. This spot is almost exactly half a mile from Ascend up by North Station too.
Also, is the neighboring store the one on Milk that was medicinal only and some how got its own exception to allow it to then ALSO sell recreational when they had some agreement themselves to never request that (and then requested it anyways) or am I misremembering that?
We don't need to "let the market decide". We'd likely end up with weed stores upon weed stores as everyone wants a fast deal and hopes to survive the culling over time to come out on top as the "market decides" which stores win and which lose. However, at the same time, we could do with enough that the places that seem to have been connected enough to get through the red tape already get some competition because they STILL have Brookline cops dealing with weekend traffic at NETA. I don't know about all the other area locations but it seems the market could really use some easing.


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McCormick's 72nd Palm Springs Classic Car Auction started Friday, features almost 600 cars
As Andy Hussein of Twentynine Palms checked out a blue 1979 Pontiac Trans-Am in the parking lot of the Palm Springs Convention Center Friday, he circled it looking at every detail.
For those who love classic cars or dream of owning one, McCormick's Palm Springs Collector Car Auctions has nearly 600 cars on display this weekend for McCormick's 72nd Palm Springs Classic Car Auction, which includes modern classics of the '80s, '90s and 2000s.
Hussein, who grew up in Detroit, said these are the cars the Motor City loves. He bought a classic Mercedes-Benz at a previous auction, but some of his favorite cars are Jeeps — which he proved by showing off his tattoo of a Jeep grill. Hussein is also a fan of several other cars on the lot, including the Ford Broncos and Chevy Blazers.
"All the cars you've ever grown up with or seen in your life, you get to see them right here," Hussein said. "Mint condition, one owner, low mileage. It's a one-of-a-kind show and the prices aren't too bad."
The auction, which runs through Feb. 27, was in full swing on Friday afternoon, with a line of cars being driven to the tent where an auctioneer was calling out bids from a large audience.
Tickets for Saturday and Sunday are $15 each, or $25 for both days. The auction is open 10 a.m. to 7 p.m. Saturday and 10 a.m. to 5 p.m. Sunday.
Here are five classic cars The Desert Sun saw at the event on Friday.
1959 Pontiac Bonneville
1965 Ford Mustang
1965 Dodge M37 Power Wagon
1966 Volkswagen Bus
1973 Mercedes-Benz 280 SE
Desert Sun reporter Brian Blueskye covers arts and entertainment. He can be reached at firstname.lastname@example.org or on Twitter at @bblueskye.


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Founder, India Business Analysis | IIT Roorkee, IIM-C alumnus
The Monetary Policy Committee’s recent decision to cut rate by 25 basis points does not come as a surprise, since CPI inflation has fallen from 3.4% in October 2018 to as low as 2.2% in December 18. However, a closer analysis of different price components reveals that the Committee may have taken the bait, which was not called for. It would not be surprising if RBI goes back to monetary tightening a few months from now, whenever crude prices record a sudden, sharp jump or food prices emerge from the current deflationary trend!
A rate cut just six months after increasing it, and a change of stance from “calibrated tightening” to “neutral” — having moved the other way round just four months ago — gives a sense of the highly volatile price environment and policy challenges being faced currently.
While the Committee has decided to aid growth, as inflation appears under control, the actual inflation condition is not so benign. More worryingly, the three different groups, namely, food, fuel, and items excluding food & fuel (broadly, core inflation) are showing highly divergent trends. While food inflation has fallen sharply (with about 30% of the items showing deflation), inflation of fuel group stands at 4.5%, which, as against inflation of 8.5% in October, implies a huge respite.
However, core inflation, the most important of the three, stood at 5.6% in December, 2018—down from 6.2% in October, but still extremely high and close to the upper-end of the stipulated inflation range of 4% +/- 2%. This remains a serious concern; and should have been the determining factor, rather than the decline in other prices. Even though the Committee, and the economy, might be drawing comfort from low food prices, it is not a good sign; and is, in fact, an important reason for the current distress in the agricultural sector. The prices need to be supported through government measures (may be by incentivizing exports, and so on).
Whether a rate cut can provide any support to food prices is difficult to visualize. Indeed, the ability of a rate cut (or increase) to impact CPI inflation itself is not clearly established. It is estimated that a rate cut impacts the economy only after 12–18 months. Thus, the last rate cut of August 2017 should have increased inflation in the last few months. However, inflation has actually come down—that too, sharply, in the past six months.
An interesting aspect of the current monetary policy environment is that inflation is falling consistently below projections. The August 2018 policy review projected inflation to be 4.8% in H2 FY’19. The projection came down to 3.9–4.5% in October 2018 policy and 2.7–3.2% in December review: over 2 percentage point correction in just four months!
Against the projections, actual inflation has come to be 2.6% in the third quarter (Oct.–December, 2018); and is expected to remain at this level during Jan.–March, 2019 also. The current low inflation trend may give hope that this would be the beginning of a benign rate environment. However, it is difficult to visualize that, considering the existing pressure on core inflation and the uncertainty around both food & fuel prices.


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Mahogany the 1975 film, starring Diana Ross is the latest film in the works for a Hollywood reboot, reports BET.
The original film, directed by Motown founder Berry Gordy, follows Tracy (Diana Ross), an aspiring fashion designer from her humble beginnings in the slums of Chicago through fashion school as she hopes to become one of the world’s top designers. Her ambition leads her to Rome spurring a choice between the man she loves or her new found success.
Suzanne de Passe and her partner Phillip Madison Jones are looking to reboot Mahogany for their Passe-Jones Entertainment, reports Eurweb.
April 27, 2015 //
By Erin Whitney -Huff Post Black Voices Jay Z's music- and video-streaming service Tidal has ...
April 25, 2015 //
Brennan Williams -Huff Post Black Voices The cultural phenomenon that is “Bye Felicia...


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Short-form video startup Quibi is now a short-lived platform.
Hollywood bigwig Jeffrey Katzenberg and managing director Meg Whitman’s streaming video app is pulling the plug on the well-funded service that reportedly has not found a stop after disappointing months.
Katzenberg, a staple in the entertainment industry, called investors today to tell them the service would be suspended, the Wall Street Journal first reported, and the company will be on a call with investors later that evening to inform them about the status of the To inform the company.
A Quibi spokesman did not immediately respond to a request for comment.
It’s a dramatic and breathtaking end to a service that debuted on April 6th with an ambitious promise to revive the entertainment industry – and marks the first high-profile causality of the so-called “streaming wars”. The premise: short-form programming that, as executives liked to say in interviews, was designed in such a way that it can be displayed in “in-between moments”, for example when users waited in line for coffee while commuting or when time was killing.
The name of the app itself is a portmanteau from “Quick Bites,” a reference to the type of snack-sized content Quibi wanted to be known for.
However, the timing of the app’s debut was no accident. The worsening Covid-19 pandemic and the subsequent shutdowns and orders to stay at home made the planned first-class viewing options for Quibi all but irrelevant. Whitman told Adweek ahead of Quibi’s debut that she believed people would see the app programmed in between home moments, like “between Zoom calls or between kids’ home schooling”. That obviously didn’t happen.
Quibi also failed to land with its 10 launch partners, which included 22 brands that collectively purchased Quibi’s $ 150 million advertising inventory in the first year. These advertisers had “significant underdeliveries,” a media buyer who previously worked with the platform told Adweek.
“A big part of their promise was to have a lot of people on their platform and this made it possible to deliver unique impressions,” the buyer said at the time. “You can make a $ 100,000 purchase, but if you have 10 people there, you’ve just overwhelmed them from a frequency standpoint. Unique impressions are our goal and you still have a long way to go to close these deals. “
That ran counter to promotional calls in the second year, which should begin in the fall. The overwhelming performance of the advertisers almost certainly had an impact on the type of advertising commitments the company could rely on in its second year.
While Katzenberg blamed Covid-19 for the company’s problems, there were other problems. The company rushed to make a networked TV casting option available after users found they couldn’t watch Quibi shows on their TVs at home, and the app also had to move to take screenshots and screenshots in the Enable app after viewers determined it wasn’t. You have no option to share the programs on social media. Quibi has also made some sample episodes available on YouTube to help attract more paying customers to the service.
The company had previously forecast that by year-end it would have 7.5 million paid subscribers who would pay either $ 4.99 per month for an ad-supported tier or $ 7.99 per month for an ad-free tier. While Quibi hasn’t released any numbers in the past few months, data and analytics platform Sensor Tower today estimated the app was downloaded approximately 9.6 million times from the App Store and Google Play, and an estimated $ 7.7 million for subscriptions generated.


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Digital Governance Council has Zero-Copy Integration approved as a standard in Canada
February 8, 2023
Canada’s Digital Governance Council and Data Collaboration Alliance today announced that they have succeeded in getting a new national Zero-Copy Integration standard approved by Standards Canada.
Zero-Copy Integration defines a framework for the accelerated delivery of new digital solutions without eroding data access. Projects covered by the standard include applications, automation, artificial intelligence and machine learning, and analytics. The standard provides compliance with strict data protection regulations, such as Canada’s proposed Consumer Privacy Protection Act, Europe’s General Data Protection Regulation and the California Privacy Rights Act while also addressing the escalating risk and inefficiency associated with data silos and copy-based data integration.


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Parts of celebrity chef Jamie Oliver’s restaurant empire have collapsed as bankruptcy and liquidation experts have been called in to administer failed business lines.
“I’m devastated that our much-loved UK restaurants have gone into administration,” Oliver said in a statement on Twitter.
The collapse threatens over 1,000 jobs as KPMG administrators have been appointed to unwind parts of Oliver’s portfolio of eateries, according to a statement put out by the Jamie Oliver Group, as cited by Reuters.
The BBC reported that 25 restaurants are affected by the move, including 23 from Oliver’s Italian chain, called Barbecoa and Fifteen.
Oliver’s international restaurant franchise business, called Jamie’s Italian International Limited, will continue to operate without disruption. Also unaffected is the Fifteen Cornwall brand, which operates under a franchise.
In a statement about the news, Oliver said he was “deeply saddened.”
“I am deeply saddened by this outcome and would like to thank all of the staff and our suppliers who have put their hearts and souls into this business for over a decade,” Oliver said in a statement on Twitter.
I’m devastated that our much-loved UK restaurants have gone into administration. I am deeply saddened by this outcome and would like to thank all of the people who have put their hearts and souls into this business over the years. Jamie Oliver
— Jamie Oliver (@jamieoliver) May 21, 2019
The BBC cited a statement made by Oliver, in which he said, “I would also like to thank all the customers who have enjoyed and supported us over the last decade, it’s been a real pleasure serving you.”
Oliver added: “We launched Jamie’s Italian in 2008 with the intention of positively disrupting mid-market dining in the UK High Street, with great value and much higher quality ingredients, best-in-class animal welfare standards, and an amazing team who shared my passion for great food and service. And we did exactly that.”
It has been known for some time that parts of the 43-year-old’s business endeavors have been struggling to make it.
Last summer it was revealed that the chef had shut 12 of 37 Jamie’s Italian brand restaurants, resulting in about 600 layoffs.
In an interview last year, Oliver was cited by the Daily Mail as saying high street restaurants were in a struggle for survival.
“The world’s changed in the restaurant industry in the last year-and-a-half,” he said. “It’s like any other business on the high street, it’s just really, really tough. We’re in a changed time and obviously there’s lots of pressures even for good businesses.”
Oliver indicated Brexit and a rise in the minimum wage were factors that contributed to a “perfect storm.”
“I don’t know anyone in the restaurant industry that’s doing high fives at the moment, unless they’re a small neighborhood restaurant and God bless if they are having a good time.”
Oliver rose to fame on the back of his popular TV show “The Naked Chef,” which hit screens 20 years ago when he was just 23.
Since then Oliver has presented over 25 cooking series, opened restaurant chains, and spearheaded campaigns for healthier eating.
Last year, Oliver urged the British government to ban the sale of energy drinks to children, saying he wanted to see the products regulated like cigarettes.
— Daily Mirror (@DailyMirror) January 5, 2018
“We have to do this,” he said at the time, according to the Mirror. “Because these drinks are turning our kids into addicts. Their use is, to my mind, akin to drugs.”


text: Gazelle Next – a new generation of the most popular commercial vehicle on the market. Details about the new product is not very much more detailed information will be announced in the near future, after the official presentation. It is expected that mass production of Gazelle Next start in 2013, and until the “GAZ Group” plans to collect a batch of three hundred cars that will be sent to a number of customers to undergo testing in a real operation. Let now Gazelle Business, is expected to retain his place on the assembly line and will continue to be issued with a model Next. According to preliminary data, the price of new items will be $14,600 to $17,400. Information about the dimensions, engine and body versions for Gazelle Next will be a little later.


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Furniture factory and shop sized man trap, Ikea has launched a new product, set to take the western world by story.
The new Gilligan range of flat-pack furniture has as its centrepiece attraction an Occasional table that is always a chair.
Professor Dumbkopf from the University of Ikea said: 'This new furniture is a breakthrough for us. It will revolutionise how we see the world. OK, to you, it might look like a Chair. You can sit on it, fall asleep on it, take it to a desk, watch 8 hours of your life go buy in a job, and it is a chair, but this is not a chair, it is a table'.
We tried arguing with the Professor about the definitions, but he would have none of it. Professor Dumbkopf has not been seen for 3 weeks, and is thought to be lost somewhere within the Ikea Store.


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The competition was organized by the Fondazione Roma Sapienza to promote student creativity. Participants were invited to create a fashion line, either for men or women, for the Spring/Summer 2017 collection.
A jury composed of fashion experts and Sapienza professors will select the five winning projects, which will be developed by AltAlAna, a leading Italian brand, and showcased at Via del Babuino 52 in downtown Rome.
There will be a new call for an Autumn/Winter 2017 collection (deadline: May 30).
The event is held in cooperation with Sapienza’s Bachelors of Fashion Studies Programme, the Masters in Fashion Studies Programme, and the PhD in European History, and sponsored by AltAlAna.
Admission is free.


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Hasbro has allegedly sent a cease-and-desist notice for trademark infringement to the website demanding immediate shut down. Similar notices have also been sent to Facebook, where Scrabulous is one of the most popular online games applications, with about 2.5 million users, of which at least a quarter are daily active, reports suggest.
While none of the websites (Hasbro, Scrabulous, Facebook) have made any information about this story available online, already several communities have sprung up on the social networking site petitioning against the closure, mostly comprised of die-hard addicts of the game.
The website, which allows users to play a free cloned version of the word game, generates revenues primarily through CPM and CTR advertising in the range of 18,000 to 25,000 USD per month, according to estimates.
Scrabulous, which is also trademarked, itself has no qualms about acknowledging its similarities with Scrabble, and hyperlinks to the board game’s actual rules on its website. Besides the similar sounding name, the Scrabulous board is patterned identical to the Scrabble board; with blue, pink and red squares for double- and triple-word scores. There are some minor differences though, such as a time limit for each move; an automatic adjudication system (you win if your opponent quits); and the use of dictionaries.
It is interesting that Hasbro should take this issue up only now, about 18 months after Scrabulous has been online. In fact, Wall Street Journal had portended a potential legal tussle some months ago in an article identifying the similarities with the legendary board game.
Reports also suggest that Hasbro (US & Canada rights-holders) and Mattel (which owns the rights elsewhere) have licensed the online rights to Electronic Arts (EA). At present, however, EA only offers a mobile version.
If anything substantive comes out of this (since it is not yet litigious), it will be interesting to see the response of Facebook. It has fairly comprehensive rules for third party developers who create applications for its website, but it might have to strengthen them further in order to avoid a similar occurrence.
Scrabble itself doesn’t have a free online version that even comes close to what the Indian website offers, and this seems to be what most fans of the game are lamenting about. Some suggest that Hasbro should either buy out or strike an appropriate licensing deal with Scrabulous, and continue to offer the same game online, without shutting it down.
This report points out a near-identical case some years ago:
In 2005 Hasbro issued a cease-and-desist order to the makers of a similar unofficial online game called e-Scrabble. The domain http://www.e-scrabble.com now redirects to Hasbro’s website.
However, an official online version of Scrabble is still not available.
Regardless of what avatar it takes after this, until the site is live, and the Facebook application still up, wannabe-wordsmiths will continue to scour SOWPODS (or do you prefer TWL?)* till well past bedtime, and dream up bingos (7-letter words) when asleep, waiting for the next Scrabulous triumph! Voila!
*SOWPODS and TWL are the official dictionaries used in Scrabulous.


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It could cost Wisconsin millions to win the competition for GM's new plant
Taxpayers already own most of General Motors and Wisconsinites might have to shell out hundreds of millions more if it wants the company's new plant for small cars.
Janesville; Orion, Mich.; and Spring Hill, Tenn., are the finalists.
And the governor of Tennessee doubts it can afford what GM wants.
Phil Bredesen wouldn't say how much the bankrupt auto-maker is seeking. But he says hundreds of millions of dollars would be "the low end of the range."
Bredesen said the bankrupt auto-maker asked his state for a large cash payment upfront, as opposed to its normal assistance which includes tax credits, job training and infrastructure.
The Democrat Bredesen says GM doesn't care about any of that - and all they want to know is "how big of a check you're going to write."
Tennessee's governor said he got the impression that GM would base its decision on the merits of each site without a bidding war.
But Bredesen said "I was wrong."
And he said GM's request is "well outside" what Tennessee could do in light of its budget situation.
GM was originally planning to open a factory for small cars in China, but it later agreed to build it in the U.S. in a union contract concession.
Wisconsin's federal lawmakers met with GM execs this week, and were told a decision on the plant's location would be made soon.
The lawmakers did not say anything about what the company wanted.


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When beloved East Coast supermarket chain Wegmans opens in Brooklyn later this month, it’ll bring a lot more than another grocery store to the neighborhood. Wegmans will be housed in a 74,000-square-foot space at the Brooklyn Navy Yard — which includes a full-service bar as well as several restaurant concepts, from made-to-order salads and a sushi bar to gourmet burgers and pizzas.
Executive chef Stephen De Lucia tells Eater that Wegmans takes pride in offering a wide variety of “restaurant foods” to its customers — with the goal of becoming a destination for both shoppers and diners alike. The two-level store will be outfitted with several to-go food counters on the bottom floor and the full-service bar and seating on the mezzanine level.
De Lucia says he’s most excited about the sushi bar, which will offer 28 different roll options. Those will be available in a refrigerated case like most grocery stores, though customers can also order custom rolls to be made on the spot. The sushi counter will also sell poke bowls, including one with New Zealand king salmon and another with beet and macadamia.
Wegmans will also have a pizza station, where a rotating brick-hearth oven can cook a custom pie in 90 seconds. Its pizza recipe takes inspiration from the Wegmans Italian restaurant Amore in Rochester, and despite the speedy cooking, the dough, made with imported Italian flour and olive oil, is fermented for 48 hours beforehand. Diners can choose from pies like one with prosciutto, arugula, olive oil, and Parmigiano Reggiano, or make their own.
There’s also a burger bar that also makes lobster rolls, crab cake and fried chicken sandwiches, and fries. In line with a health-leaning trend seen throughout the market, a Mediterranean-style Impossible Burger with lemon caper aioli and roasted tomatoes will be available at the burger bar, as will cauliflower crust at the pizza station. De Lucia says the store wants to provide “as many options” for all the “different diversity of opinions and dietary needs.”
A salad bar, self-serve buffet, and coffee department will round out the dining options. Everything can be taken to-go or eaten at the supermarket’s 100-seat mezzanine level, where the full-service bar also stands. “If we see a guest eating a slice of pizza or a sushi roll, our cocktail servers will be trained to pair that up with a wine or a sake,” De Lucia says.
The bar is unique to Brooklyn and is modeled after Wegmans Next Door Bar and Grill in Rochester, though the menu was created with Brooklyn in mind. Beers will come from local breweries like Threes Brewing, Grimm, and Interboro, and the supermarket is also collaborating with Brooklyn Brewery and Sixpoint to create a special brew for opening day. The spirits selection will follow suit, and there’ll also be kombucha on tap.
The grocer is also serious about where its ingredients come from, sourcing from similarly minded sustainable distributors and growers for its Brooklyn location, says De Lucia, who joined Wegmans in 2017 after working with Ruth’s Chris Steak House. The store is working with local nonprofit Rethink, which uses unused food from grocery stores to make meals for people in need.
Though New York has no shortage of grocery stores with prepared foods, the entry of Wegmans still has Wegmaniacs — its loyal followers — excited. That’s because the grocer is known for its array of take-home meals and competitive prices. It’s a private, family-run chain based in Rochester with 98 stores across the Eastern U.S. and has been consistently ranked as a top grocery store in shopper surveys.
The store will open on October 27 at Brooklyn Navy Yard, which has also attracted an outpost of Russ & Daughters, the Brooklyn Roasting Company, and Kings County Distillery.


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It's hard to tell how long the impacts of COVID-19 will last, and how significant they'll be on businesses, given the current state of the pandemic.
On one front, US President-elect Joe Biden has vowed to take a new approach to the pandemic, which may see a new round of lockdowns instituted across the US, and could have significant impacts on many sectors. This comes as several other nations around the world are forced back into lockdown once again as they work to reduce the demand on hospitals due to the virus' spread.
At the same time, there's positive news about a vaccine, which could mean that we're on the way out of the worst of it over the next few months, if things progress as anticipated.
There's a lot of uncertainties in both scenarios, but within this context, it's interesting to look at Facebook's latest State of Small Business report, which provides insight into how SMBs are being affected by the pandemic, and how those impacts are changing over time.
The latest update is the fifth installment of Facebook's State of Small Business report. The Social Network has been tracking the data from a range of SMB's around the world throughout 2020, in order to gauge how business conditions are faring in the challenging conditions of 2020.
The latest report is not overly positive - first off, on closure rates, Facebook's data shows that many businesses are still being forced to shut down due to the pandemic, with only Europe and Latin America seeing a reduction in business closures within the latest period.
And the stats for Europe are likely to change - as noted, many European nations are now heading back into strict lockdowns, which will further impact consumer spending.
Again, the full impacts of the pandemic are still impossible to predict, with more and more businesses, over time, having to reassess their capability to weather the financial storm.
That said, most regions are reporting steadier impacts on sales overall, according to this update:
Those impacts are still significant, but for the most part, they're not worsening.
Again, the latest lockdowns will have an impact, but countered with increased spending leading into Christmas, there is some positivity here, and some signs that more businesses will be able to hold on.
This chart further reflects the gradual flattening of the sales curve on this front:
As you can see, micro-businesses - or SMBs operated, for the most part, by one or two people - are still seeing significant declines, but businesses with up to 10 employees are faring a little better over time.
Employment trends, however, don't show much sign of respite, with most SMBs reporting a further reduction in employment in the latest period.
As noted, there are many concerns, and with the vast majority of business activity coming from SMBs, the expanded impacts are also impossible to predict.
The hope is that we're getting close to a vaccine, and the next stage of moving past the pandemic, but the numbers here show that the incremental impacts will continue to weigh the economy for some time.
That will pose significant challenges. Many will be looking to the current holiday spending period to give them a boost, but after Christmas, once the sales rush is over, we're likely to see even more impacts as businesses assess where they're placed, and if they can hold out till we reach the next stage.
The vaccine can't come quick enough in this respect, and hopefully, those positive results will provide some hope for SMBs heading into the new year.
You can read the latest Facebook State of Small Business report here.


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Westpac has expanded its support for small businesses impacted by the COVID-19 pandemic by releasing new low-interest loans under the federal government’s SME Recovery Loan Program.
Businesses affected by recent flooding are also encouraged to apply for funding under the program.
As of today, eligible new and existing small businesses can access the following loans:
- 2.58% per annum interest rate for fully secured variable loans of 3 or 5 years1.
- Interest rate of 3.48% per annum for variable loans fully guaranteed over 10 years1.
“The federal government’s SME Stimulus Loan Program will provide a lifeline for businesses that need more time and support to get back on their feet from the impacts of the COVID-19 pandemic and flooding,” he said. said Chris de, Managing Director of Westpac Consumer & Business Banking. Bruin.
“Small businesses are the engine room of the Australian economy and it is essential that we stay the course to help these businesses continue and grow as part of Australia’s broader economic recovery.
“This targeted support is necessary for sectors and geographies that still face ongoing challenges due to the effects of the pandemic. The new loans allow small businesses to access low-rate financing, with the ability to defer repayments, to provide additional respite for business owners.
“From tourism operators in Queensland to hotel business owners in South Australia, we have generated strong interest from clients to access the SME Recovery Loan Program to help them meet the challenges ahead,” said declared M. de Bruin.


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- In April, the project management software company Basecamp plans to roll out a new paid email service called Hey.
- David Heinemeier Hansson, better known as DHH, has been a frequent critic of venture capital and Big Tech — which is why Basecamp is trying to build a “small tech solution” that does things a little differently than Google’s Gmail or Microsoft’s Hotmail.
- Hey will charge some kind of fee, but Hansson says that it’s so that Basecamp will never, ever have to scrape data or show advertisements to its email customers.
- Hey will also include features to help filter out unwanted emails like spam, marketing emails, and pitches.
- The ultimate goal, Hansson says, is to bring about an “absolute revival” of email, which he praises as not being owned by any single company or entity, and is thus a totally open standard beyond the control of Big Tech.
- Visit Business Insider’s homepage for more stories.
Project management software company Basecamp is an unusual tech startup, in the sense that it found success with very little by way of venture capital funding. Now, it’s setting its sights on a big new challenge: Fixing e-mail, something it sees as broken.
Basecamp’s new email service, called Hey, is expected to roll out in April. Cofounder David Heinemeier Hansson, better known by his initials DHH, says the company decided to build a completely new email service because most of the current ones have a “really bad rep from a lot of people.”
“A lot of things about email are broken,” Hansson told Business Insider. “Those broken parts we want to fix.”
Specifically, Hansson says, Hey will be a paid service — important, because unlike popular email services like Google’s Gmail, Microsoft’s Hotmail, or Yahoo Mail, it won’t scrape information from your messages to present you with ads.
Hansson says that every time a new messaging app like WhatsApp or Slack gets popular, people say that it’s the death of email. Hansson says that isn’t so; it’s just that big tech companies like Google and startups like Superhuman — which came under fire for helping users track email recipients’ locations — have made email less appealing.
“Much of that battle is waged on philosophical grounds whether people have an issue with Google, ad targeting or these other things,” Hansson said. “We’re going to be appealing to people by making a great damn product.”
It’s Hansson’s hope that Hey kicks off a much-needed “absolute revival” of email, a method of communication that he praises as being totally open and agnostic: Where WhatsApp users can only communicate with WhatsApp users, or Slack with Slack, literally anybody can build an app that can send email to anybody using any other app. So while Hey, as a paid service, may only find a relatively small niche itself, the entire email market is ripe for the taking.
“We’re launching a service where we’re happy if 50,000 or 100,000 people sign up,” Hansson said. “It’s such a large ocean that there’s room for dozens and dozens of new builders. We are clearly pointing out some specific disadvantages around things like Gmail and Google’s control of email.”
Basecamp has clashed with Big Tech before
Basecamp took no traditional venture capital financing — Jeff Bezos bought a “minority, no-control stake” of the company in 2006, in a $6 million deal that Hansson once said was more like buying a membership in a traditional LLC rather than your typical startup equity deal. Hansson said in 2017 that Bezos still owns the stake, but that the profitable company had paid him back over 5 times his initial investment over the years.
Indeed, Hansson has been a frequent critic of Silicon Valley’s venture capital model: “Venture capital, like private equity, is money without a soul. Zombie capital that scours the land to eat the brains of entrepreneurs,” he tweeted in November.
Basecamp has also clashed with Google. In September, CEO and cofounder Jason Fried said that the company had to take out Google search ads for its own name, because searching for “Basecamp” yielded paid placements from competitors above its own website. Fried described it as a “shakedown” to CNBC.
‘Small tech solution’
So with Hey, Basecamp is actively trying to do things differently than Big Tech. In fact, Hansson goes so far as to call it a “small tech solution.” Privacy is preserved, your data doesn’t flow into the coffers of Microsoft or Google, and it even blocks the so-called tracking pixels that help companies know when you’ve opened their marketing emails.
“We’re taking a hard stance and saying opening your email shouldn’t be something that results in someone spying on you,” Hansson said.
The price has yet to be announced, but Hansson says that Hey will be priced to be affordable to as many users as possible (and less than the $30 monthly fee charged by buzzy VC-backed email startup Superhuman, which had its own privacy scandal last year), but that there won’t be a free version. Hansson says the company wants to make sure Hey works in a “sustainable way.”
“We’re not luxury software, but also we’re not free software,” Hansson said. “You pay with money or you pay with your privacy. We’re trying to strike a reasonable balance between those things.”
Better than before
Basecamp has already been using Hey internally for months. Hansson even says it’s been his primary email service since the fall. It’s not just about the privacy aspect, he says; Hey was meant to make email more useful to a broader audience.
A big problem with email as it stands today, Hansson says, is that inboxes get so clogged up with marketing emails, newsletters, and straight-up spam that many users get frustrated and stop paying attention. That’s why Hansson says that Hey will help users automatically sift and surface their important email, while minimizing the work that goes into setting up rules or filters to make sure incoming messages get sorted properly.
“We have fresh ideas for how to do that in ways that neither relies on AI or teaches people how to program to get basic order in email and real life,” Hansson said.
The real vision, he says, is to help people regain control of their inbox, and in so doing, make email that much more useful and indispensable.
“It’s well overdue that we get better tools to defend ourselves and our attention and our love affair with email,” Hansson said. “Right now you’ll email people and they’ll get your attention right away. It will simply show up in their inbox. That’s not a great model. No wonder people go, ‘you know what? Email isn’t working for me.'”
The opportunity is big, Hansson says, but it’s about time that email got a real, honest shakeup.
“Launching a new email service is a pretty daunting thing,” Hansson said. “The last independent email services are over a decade old. There basically hadn’t been anything since.”
Got a tip? Contact this reporter via email at firstname.lastname@example.org, Signal at 646.376.6106, Telegram at @rosaliechan, or Twitter DM at @rosaliechan17. (PR pitches by email only, please.) Other types of secure messaging available upon request. You can also contact Business Insider securely via SecureDrop.
SEE ALSO: Chris Lattner, the creator of Apple’s Swift, thinks that the smash-hit programming language is going to be a major force in AI development
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Confused viewing your Yahoo email today? Yes, Yahoo is just presenting a fresh new look.
In a posting on its official blog on Tuesday (12/11), Yahoo boss Marissa Mayer, said Yahoo! Mail is now not only [...]
Promoting tourism and economic development to the outside world with more easily.
Google began to introduce the features of Google Street View in Indonesia after Friday afternoon (11/23) symbolically release two special cars that will record the roads [...]
Computers are often problematic certainly very disturbing your busy day with work or just play using the computer.
Problems that occur on a computer is often assumed to be a problem we can not solve yourself, so you often bring the problematic computer [...]
The observations made by Repair Labs under a microscope.
According to a report released by Repair Labs, the quality of the screen which is owned by iPad mini, it is still above iPad second generation.
It is based on the quality of each screen tablet [...]
The issue of global warming causing many manufacturers to make devices that are environmentally friendly. Including one replacement power source for electricity with renewable sources or unlimited.
This one device seems to be an environmentally friendly [...]
A leak of GizmoChina mention that Lenovo is preparing a smartphone with an amazing battery.
The products allegedly named Lenovo P770 is a smartphone based on Android 4.1 Jelly Bean. To accommodate all the needs, Lenovo immerse powerful battery 3500mAh.
Theory that claims the existence of super-particles.
Researchers at the Large Hadron Collider (LHC) in Switzerland has detected a rare decay of a particle that could undermine the theory of super-symmetry, one of the main theories in physics.
The hunt to find a twin of planet Earth never stop conducted by researchers planet (astronomers).
And now astronomers are working with NASA’s Kepler space telescope, discovered two Earth-like planets.
The two planets the distance of about 1,200 [...]
The news about the release of Windows Phone 7.8 update for the Nokia Lumia line of smartphones from the old series yesterday NaviFirm seem right. Nokia Lumia 800 is the first smartphone that will get the updated Windows Phone 7.8 and will soon be followed [...]
Samsung Indonesia introduced the world’s first audio dock that combines digital and analog technology, and made specifically for the Samsung Galaxy.
South Korean manufacturer combines the sharpness and clarity of the sound of the Digital [...]
Search many information about the bombings in the Boston Marathon Monday, the utilized scammers (fraudsters on the internet) to steal data.
According to the company’s anti-virus research the origin of Rome, Bitdefender, malware tragedy into a campaign.


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One high-placed executive was earning well over a six-figure salary, but apparently that wasn’t enough.
He wrote off several million dollars’ worth of fraudulent expenses in a few years, including a sight-seeing trip to the south of France that he took with his wife. Rather than billing the clients for his vacation travels and other non-business expenses, he simply wrote off the costs, which were promptly absorbed by his firm. He was only caught because a data analyst wondered why the company’s cost write-offs were so high and decided to investigate.
“It’s unusual for high-ranking executives to commit fraud, but when they do, it can be spectacular,” says Anne Becknell, a senior vice president of strategic solutions at Chrome River, who recounted the story. “Large or small, expense reimbursement fraud really cuts into a company’s bottom line and drives up the cost of doing business.” These costs, in turn, may be passed on to consumers in the form of higher prices.
Chrome River, which is an expense management solutions firm, just released a survey on expense report fraud based on more than 1,200 anonymous respondents from the United States, the United Kingdom and Australia. Among other things, the survey found expense report cheating much higher among men, younger employees, managers and white-collar mid-level employees, and companies using manual reporting procedures.
And we're not talking chump change here. Based on the survey data, Chrome River found, business travel expense report fraud costs companies an estimated $1.9 billion a year.
Other research supports Chrome River’s findings that expense report fraud is a serious problem. Expense reimbursement fraud accounts for 15% to 17% of all business fraud, the Association of Certified Fraud Examiners has found. Such cases of fraud typically go on for a median of 24 months, with a median loss of $33,000, according to the ACFE.
Among Chrome River's takeaways:
-- A full 82.9% of expense report fraud was committed by those under 44
-- 58.1% of those who said they cheated were mid-level managers and white-collar employees
-- Male employees were not only nearly twice as likely to commit expense fraud, they were more than 4 times more likely to add more than $1000 to each report
--Employees who turned over receipts or spreadsheets to an administrator were more than twice as likely to commit fraud as employees using computers or mobile devices to file their expenses
Other key findings:
--More than one-third of those admitting to fraud reported padding each report by amounts ranging from $100 to $499, with men 60.5% more likely to do so
--Women were 30.8% more likely than men to fudge amounts under $100
--Men were 62.2% more likely than women to believe they wouldn’t get caught falsifying expenses
--One-quarter of all respondents reported they have been caught for expense report fraud
-- Over 75% of respondents said a warning was the most serious consequence
-- Men received formal warnings at a rate 31.6% higher than women, who were more likely to get an informal warnings
--Vice-presidents and senior vice-presidents appear to be the least likely to commit expense fraud, with just 6.2% admitting to having done so
On average, 26.2% of the survey respondents reported they had cheated on their expense reports, with one in two employees in Great Britain admitting to fraud and nearly one in four in Australia. Americans seemed unusually honest in comparison, with only 4.62% confessing to fraud, but Bucknell has another theory based on her years of fraud investigations: “It appears they are outright lying.”
The most common rationales for cheating
“We want to help employees make good decisions,” Becknell says about Chrome River’s research, noting that a lack of internal controls can set the stage for fraud. “We’ve found the most common rationale employees give for such cheating is ‘because I can.’”
In addition, some don’t even think of it as fraud.
“Most people are inherently honest, and they don’t intend on defrauding their employer of huge amounts of money. More often, they’re just committing small acts that they don’t even view as ‘fraud.’ And they do it because it’s possible and they don't think anyone will notice,” commented Chrome River Co-founder and CEO Alan Rich to reporters. “The best thing a company can do to protect itself is make it easier for employees to do the right thing, such as an automated expense management solution which can, for example, alert employees if they are trying to submit the receipt twice. This type of gentle reminder can often be all that’s needed for employees to remain honest throughout the expense submission process.”
And that's good, because once cheating starts, it may spiral out of control. In a case study by Georgia Southern University and University of South Alabama researchers, a state auditor at Blue Grass Airport in Lexington, Kentucky found $500,000 worth of undocumented or questionable expenses over a two-year period between 2006 and 2008. Before the investigation was over, the airport director and three executives admitted to misusing their airport business credit cards for personal expenses.
In her years of work in the field, Becknell has seen fraud in all its varieties, from cunning to clueless. These range from online blogs devoted to telling employees how to cheat on their expenses (such as changing a “3” to an “8” on a receipt) to buying tear-off receipt books to generate their own fake expenses. However, employees today are more likely to modify the HTML file of hotel and airline receipts and reprint them, she says.
But employees who cheat are rarely seasoned criminals and are often motivated by financial stress, according to the ACFE. Coupled with opportunity and the rationalization that he or she is just borrowing the money for a little while before paying it back, even a long-time, trusted employee may find temptation hard to resist. ACFE found that other motivations include greed or employee disenfranchisement, -- that is, the employee’s feeling of being overlooked and undervalued by his or her employer.
Another common rationale, Becknell says, is having a boss who bends the expense account rules: “Some employee says it’s because my boss did it, so why not me?”
Certain employees may also have a simmering resentment at having their lives regularly disrupted by business travel and weekend work. “An employee may think, ‘Hey, they’re making me travel on Sunday, so I deserve a steak dinner with a bottle of red wine’” whether it’s billable or not, Becknell says. Others, she says, have a strong sense of entitlement, especially if they are only billing for expenses that the company normally allows.
Besides looking into an automated expert report system, Becknell and other experts urges small companies to:
- Look for red flags. These may include a bill for an airline flight without any accompanying documentation, such as receipts for hotels, taxis, rental cars or meals
- Look backward. If employees are billing for, say, entry fees to business conventions, check later to see whether there are receipts for a stay in that city
- Issue company credit cards whenever possible. “They lock in the date and the expense and you can lock in all kinds of rules around them,” says Becknell
- Call a meeting to discuss expense reports. Be sure everyone understands that even though a certain expense or price point is allowed, you should not claim more than you paid for something
The last item may seem pretty self-evident, but it appears to be a place where bargain hunters can go wrong. Becknell tells the story of one high-ranking executive earning a half million a year who was caught fudging his flight expenses. Since the company allowed its top executives to fly first-class on their business travels, this employee would buy a first-class airplane ticket, cancel it for a full refund, then buy an economy class ticket and bill for the higher price, pocketing the difference.
The executive was only caught when a business client who was flying first-class spotted him sitting many rows back, according to Becknell. The overbilling cost the company hundreds of thousands of dollars over the years, but since first-class tickets were a billable expense, “the executive felt he was absolutely justified in doing this,” she said. “He argued all the way to the jail cell.”


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TalkTalk has launched a new package deal that includes TV, broadband and calls for £7.50 per month plus line rental.
The Essentials TV bundle comes with a YouView TV box worth worth £149 and unlimited internet, as well as evening and weekend calls.
TalkTalk claims that the package is the UK’s lowest price for TV, internet and calls, allegedly representing savings of up to £190 in comparison to BT’s equivalent deal over 18 months.
TalkTalk to launch ‘super router’?
TalkTalk is reportedly planning to launch a new ‘super router’ that will help the telecoms provider to keep pace with rival offerings from BT, Sky and Virgin Media. With competition for new TV, home phone and broadband customers continuing to increase, TalkTalk appears keen to steal a march on its competitors by harnessing the power of the latest wireless technology.
TalkTalk launches ‘Britain’s cheapest mobile plan’
The £3.50 SIM-only deal includes 100 minutes, 250 texts and 100MB of data. TalkTalk’s SIM-only plans are available on a month-by-month basis with no ongoing commitment, or for a 12-month contract. The move comes as part of the company’s tariff refresh, which also sees TalkTalk Mobile offer unlimited calls and texts for the first time.
Photo Credit: British Heart Foundation


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Home > News > Nation
Friday February 28, 2014 MYT 12:00:00 AM
Friday February 28, 2014 MYT 9:19:58 AM
by nurbaiti hamdan
Unique and exotic: Rosmah and Nazri (right) visiting handicraft stalls at the Craft Complex. -Bernama
KUALA LUMPUR: Malaysia’s young Internet-savvy entrepreneurs can help to push the country’s handicraft products through social media, said Datin Seri Rosmah Mansor.
“In today’s world, purchasing (an item) can be done easily through websites. This is where young entrepreneurs can step in to increase the potential of local craft and compete with other products at home and abroad,” she said when launching the National Craft Day at the Craft Complex in Jalan Conlay here yesterday.
Also present was Tourism and Culture Minister Datuk Seri Mohamed Nazri Aziz.
Rosmah, the wife of Prime Minister Datuk Seri Najib Tun Razak, said the youngsters in the crafts industry have the resources, particularly through information and communication technology, to gain information on the latest trend, products, best designs and such.
She encouraged them to work with marketing and advertising companies to market their products.
Rosmah said handicraft sales raked in RM409mil last year, increasing 20% from RM342mil in 2012. She said 10% of the sales were from exports while the rest were from the domestic market.
Rosmah, a fan of local batik, added: “It is important we create a Malaysian product that is unique and exotic. We can see a growing trend with the international community who are interested in such designs from Asia.”
Meanwhile, Nazri said the Malaysian Handicraft Development Corporation (Kraftangan Malaysia) expects to reap RM25mil in sales from the event. About 500 craft entrepreneurs and 38 traders from Malaysia and abroad are taking part in the event, which opens daily from 10am to 10pm until March 10.
Tags / Keywords:
Lifestyle, Business, national craft day 2014, handicraft, rosmah mansor, nazri aziz
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In March of 2017, we reported that Seongnam City Council had reached an agreement with dog meat vendors at Moran Market to remove all on-premises dog slaughtering facilities. However, as of July 2017, we discovered that at least 13 vendors had not complied, had merely hidden the display and slaughter of the dogs, and had continued to illegally slaughter dogs on their premises.
In the intervening year, however, it appears that despite initial problems implementing and administering the agreement, it has actually been effective.
Today we received news that Seongnam City Council would forcibly remove the display and slaughter facilities of last remaining dog meat vendor who is slaughtering dogs on-premises.
While Moran Market still sells dog meat, there is no more live display and slaughtering of dogs at the market and in public view.
Though still not the result we ultimately want—a complete ban on selling dog meat at Moran Market—it is one more step along that road.